1040 Preparation and Planning 10: Income from Commercial Annuities, IRAs, & Retirement Plans (2018)

Author: Barbara Weltman, Sidney Kess

CPE Credit:  1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC

This course discusses income from commercial annuities, IRAs, and retirement plans, required minimum distributions, and distribution and withholding rules for IRAs and qualified retirement plans.

Publication Date: November 2017

Designed For
Tax practitioners

Topics Covered

  • IRAs and retirement plans
  • Required minimum distributions
  • Commercial annuities
  • Qualified retirement plans

Learning Objectives

  • Report income from a commercial annuity
  • Cite the starting date for required minimum distributions
  • Recognize differences in distribution rules for IRAs versus qualified retirement plans
  • Explain distribution rules for Roth IRAs
  • Classify withholding rules for distributions from qualified retirement plans and IRAs


Instructional Method

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
Able to prepare a form 1040

Advance Preparation

Registration Options
Regular Fee $39

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